Mike Morris, Author at Maestro Business

Author Archives: Mike Morris

𝗕𝘂𝘀𝘁𝗶𝗻𝗴 𝗠𝘆𝘁𝗵𝘀 𝗼𝗳 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻g – Just Keep The Machines Running

Posted on 5th August 2022 by Mike Morris

Myth: The only way to make money is keep the machines running. “Just do whatever it takes.” Ever heard anyone say that? Reality: Machines only make money when what they make is sold – at a profit. Risk: Unit costs stay down, OEE stays up, but running batches bigger than customer demand risks: · embedding cash… Continue Reading

𝗕𝘂𝘀𝘁𝗶𝗻𝗴 𝗠𝘆𝘁𝗵𝘀 𝗼𝗳 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻g – Cash-Flow Is Not A Problem

Posted on 22nd July 2022 by Mike Morris

Myth: As long as the business is making a profit everything will be fine. Risk: Profitable businesses still go broke when Suppliers are not paid through insufficient Cash Flow . Cash Flow is often, although not always, managed by: a) Demanding that Customers pay even earlier, putting new business at risk b) Paying Suppliers even later, putting… Continue Reading

Is Your Working Capital Really Working? – Doing More with Less

Posted on 30th June 2022 by Mike Morris

“Doing more with less” is a paradigm of traditional Lean. The logical conclusion is “doing everything with nothing.” This makes no sense with regard to machines or people. But more really CAN be done with less Working Capital when internally cash is substituted for borrowing. The longer the manufacturing lead time to get product through… Continue Reading

Unsure about Re-shoring returning with Covid19 – and let’s not forget Brexit!

Posted on 5th May 2022 by Mike Morris

The “recent events” have highlighted a severe UK supply-chain risk, for example forced import of 100’s millions of PPE from Turkey and China unavailability of virus testing reagents lack of UK vaccine production capacity Germany’s highly developed biotech industry by comparison to the UK Manufacture of these and many other products have been off-shored… Continue Reading

𝗕𝘂𝘀𝘁𝗶𝗻𝗴 𝗠𝘆𝘁𝗵𝘀 𝗼𝗳 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 – 𝗜𝘁’𝘀 𝗔𝗹𝗹 𝗧𝗵𝗲 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿𝘀 𝗙𝗮𝘂𝗹𝘁

Posted on 4th March 2022 by Mike Morris

𝗠𝘆𝘁𝗵: “If only Suppliers would send what we need when we need it Production would do just fine!” 𝗥𝗲𝗮𝗹𝗶𝘁𝘆: At best Suppliers send what was ordered. They don’t know what you need, until maybe you have to phone them up and ask them to expedite it – by air. 𝗥𝗶𝘀𝗸: You have too much of… Continue Reading